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I have secret information that #bitcoin 
is very close to an upside explosion. Could be 2-4 months. Last time this happend #bitcoin was hours from the bottom and months away from upside explosion.
is very close to an upside explosion. Could be 2-4 months. Last time this happend #bitcoin was hours from the bottom and months away from upside explosion.
2/ I was going to wait to tell people but it is clear it is bothering some.
Taking the time to really understand #bitcoin is very hard.
I believe I do understand #bitcoins value proposition. As such I have determined to have a steel like determination to see it through.
Taking the time to really understand #bitcoin
is very hard.I believe I do understand #bitcoins value proposition. As such I have determined to have a steel like determination to see it through.
3/. But #bitcoin 's psychology is extraordinarily BRUTAL. Honestly I did not expect the price to be at about $9K at this time.
At the bottom in December 2018 almost to the hour of the #bitcoin lows my wife SCREAMED at me about #bitcoin .
's psychology is extraordinarily BRUTAL. Honestly I did not expect the price to be at about $9K at this time.At the bottom in December 2018 almost to the hour of the #bitcoin
lows my wife SCREAMED at me about #bitcoin .
4/ She basically RAGE QUIT. I went back to my office an said to myself, "I bet this is the bottom." I wanted to but could not buy more yet incase all the bears were right and #bitcoin headed into the $2K range or worse, and I wanted to have buying power for that possiblity.
headed into the $2K range or worse, and I wanted to have buying power for that possiblity.
5/ I did add several weeks later in the $3600 range.
About that time I reached out to @MartyBent to go on his podcast.
We discussed my views on #bitcoin. I also discussed my personal investing mistakes in 1990.
About that time I reached out to @MartyBent to go on his podcast.
We discussed my views on #bitcoin
. I also discussed my personal investing mistakes in 1990.
6/ That was a bad bear market and I had bought a bunch of banks stocks in August which had been down but declined another 60% also ORCL which was down almost 70%
In October, the bottom I sold everything.
In October, the bottom I sold everything.
7/ I could not take it anymore.
Over the next 6+ years I watched those bank stocks go up maybe 20X what I sold them for.
By 2000 ORCL must have gone up 200-300X, ten years later.
Over the next 6+ years I watched those bank stocks go up maybe 20X what I sold them for.
By 2000 ORCL must have gone up 200-300X, ten years later.
8/ Yesterday morning She told (more of a scream) me #bitcoin is a "flash in the pan." It will never be anything.
#bitcoin's psychology taking its toll.
She is just like all of us.
Spend the time to understand why you think #bitcoin is valuable.
is a "flash in the pan." It will never be anything.#bitcoin
's psychology taking its toll.She is just like all of us.
Spend the time to understand why you think #bitcoin
is valuable.
9/ To understand #bitcoin you must understand money.
I think #bitcoin's value is extraordinary and it won't be long < 10 years before pretty much the whole world agrees with me.
This will be the first mainstream bull market, in many ways like the stock bull market of the 90's
you must understand money.I think #bitcoin
's value is extraordinary and it won't be long < 10 years before pretty much the whole world agrees with me.This will be the first mainstream bull market, in many ways like the stock bull market of the 90's
10/ The 90's bull market really did bring in America in a way that had never quite happened before.
This was because there were easy ways for Americans to buy and sell stocks.
The same thing is happening in #bitcoin but so much bigger. Look around do the work you will see for
This was because there were easy ways for Americans to buy and sell stocks.
The same thing is happening in #bitcoin
but so much bigger. Look around do the work you will see for
11/ yourself.
My worst personal quality is I am impatient.
I have to work hard to control my impatience.
#bitcoin will be worth it. I just know it.
I can't prove it to you. You have to know it for yourself.
My worst personal quality is I am impatient.
I have to work hard to control my impatience.
#bitcoin
will be worth it. I just know it.I can't prove it to you. You have to know it for yourself.
12/
Don't make the mistake I have made. Listen to the pod I made with @MartyBent at the bottom or
re-listen to https://talesfromthecrypt.libsyn.com/tales-from-the-crypt-55-bitcointina-aka-rick-flex
Don't make the mistake I have made. Listen to the pod I made with @MartyBent at the bottom or
re-listen to https://talesfromthecrypt.libsyn.com/tales-from-the-crypt-55-bitcointina-aka-rick-flex
13/ I hope this did not make you angry or upset.
But I do think I am right.
#bitcoin's psychology isi BRUTAL.
Do you have the patience to see the reward?
But I do think I am right.
#bitcoin
's psychology isi BRUTAL.Do you have the patience to see the reward?
